NVIDIA (NVDA 177.93, -11.96, -6.3%) lowering Q2 revenue guidance and attributing that to a lower sell-in of Gaming products.
The flow on other semiconductor stocks with the PHLX Semiconductor Index (SOX) closing down 1.6% with nearly every component in the red.
This also led the S&P 500 information technology sector (-0.9%) to close in last place on the day.